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    319 N Paca St Baltimore, MD 21201

    For Sale
    $375,000

    Flexible zoning allows multifamily, mixed-use, or commercial development.

    Property size:
    7,000 SF
    Lot size:
    0.16 Acres

    Property Features for 319 N Paca St

    General Information

    Size
    7,000 SF
    Lot size
    0.16 Acres

    Source: Ben Frederick Realty, Inc. Agent Will Cannon, III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Baltimore Development Lot

    This is a downtown Baltimore development lot with flexible C-5DC zoning, which allows for multifamily, mixed-use, or commercial development. There are no unit caps, parking minimums or setback requirements. The property is located one block from Lexington Market, a historic public market that has been recently redeveloped with new food vendors and community gathering space. It is less than a 5-minute walk to the University of Maryland Medical Center, BioPark, and professional schools. The property is also two blocks from the Hippodrome and Everyman Theatres, which anchor the Bromo Arts District’s cultural corridor. The surrounding area has a strong rental market, with nearly 70% of households within a 5-minute drive being renter-occupied.
    Insight Report Location Intelligence

    Current Use by Public Records

    Maienfels Biergarten German Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6221396
    Latitude
    39.2933963

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    FAQs

    What type of property is this?
    Land - Flexible zoning allows multifamily, mixed-use, or commercial development.
    Where is this land located?
    The property is located at 319 N Paca St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Downtown Baltimore Development Lot; - Flexible C-5DC zoning allows multifamily, mixed-use, or commercial development with no unit caps, parking minimums or setback requirements.; - Strong Rental Market: Nearly 70% of households within a 5-minute drive are renter-occupied, supporting consistent multifamily demand.
    (410) 916-3331
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    319 N Paca St Baltimore, MD 21201
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    Baltimore, MD 21201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    319 N Paca St Baltimore, MD 21201
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